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Serviced Apartments Procurement Research Report | Published: Oct 2016

Helping businesses make better purchasing decisions, faster

Serviced Apartments: Procurement Research Report Highlights

Benchmark Price RFP/RFQ/Negotiation Questions
3-year Price Forecast Supply Chain Analysis
Supplier Intelligence Sample Buyer Decision Scorecard
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If your company is looking to save time and money during the initial stages of the buying process, IBISWorld’s Serviced Apartments procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Serviced Apartments, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 13-16
IBISWorld Buyer
Power Score
Profit Benchmark
Profit Benchmark
Price Change 16-19
Price Change
Serviced Apartments - Recent Price Trend

Average rental rates for serviced apartments have been rising at an estimated average annual rate of 2.0% from 2013 to 2016. Input cost growth is one of the factors driving these price increases. In particular, overhead costs for suppliers are rising, and suppliers are passing these increased costs to buyers in the form of higher rental rates, harming buyer power.Demand for serviced apartments is... purchase to read more

Serviced Apartments - Total Cost of Ownership

The inclusion of amenities in the rental cost is one of the main factors that differentiate serviced apartments from hotels, motels and regular apartments. Unlike these other residences, serviced apartments include parking, internet access, laundry facilities and additional services as part of their standard package, meaning that buyers do not have to pay extra for these amenities like they would... purchase to read more


About This ReportRelated ReportsTable of Contents

This report is intended to assist buyers of serviced apartments. For the purpose of this report, the term buyer will refer to any party looking to rent serviced apartments. Providers operating in this market, which include hospitality conglomerates and serviced apartment specialists, offer long-term and short-term furnished accommodations to meet temporary housing needs. These facilities often come equipped with resources unavailable in other temporary residences, including kitchens. Corporate housing and extended-stay hotels are the main types of serviced apartments. This report does not include regular hotels and motels or nonserviced apartments.

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